For the first time last year, investment in renewable energy infrastructure was higher than in fossil fuel infrastructure. With grid-scale energy storage, intermittent sources of renewable energy, such as wind and solar, become viable for the grid.

Innovators with breakthrough technology finally meet the scale and efficiency requirements of grid level energy storage. For the first time last year, investment in renewable energy infrastructure was higher than in fossil fuel infrastructure. With grid-scale energy storage, intermittent sources of renewable energy, such as wind and solar, become viable for the grid. VLAB will examine the technology and economics to make this transformation possible.

Today 99 percent of the global energy storage is pumped hydro, which is geographically constrained. Now entrepreneurs free us from this constraint with fundamentally new technology challenging conventional expectations of capacity, efficiency and product life.